A crise vista de fora

Ambrose Evans-Pritchard, editor de economia internacional do jornal conservador britânico The Telegraph:

Democracy must take second place to the higher imperative of euro rules and membership.

Mr Cavaco Silva argued that the great majority of the Portuguese people did not vote for parties that want a return to the escudo or that advocate a traumatic showdown with Brussels.

This is true, but he skipped over the other core message from the elections held three weeks ago: that they also voted for an end to wage cuts and Troika austerity. The combined parties of the Left won 50.7pc of the vote. Led by the Socialists, they control the Assembleia.

Frances Coppola, cronista da revista de economia Forbes:

But systems held together by fear ultimately fail. Governments that persistently deny the democratic rights of their people are eventually brought down. The growing democratic deficit at the heart of the Eurozone is the biggest threat to its survival.

Such dramatic collapses are greeted with joy at the time, but history teaches us that the fall of empires is inevitably followed by traumatic economic and political restructuring. It can be many decades – or even centuries – before peace and prosperity are restored.

Those who want to believe that systematic denial of democracy in European states will eventually lead to the creation of a peaceful and democratic United States of Europe are deluding themselves. Denial of democracy cannot possibly bring about democracy. Nor can it create peace. When the Euro eventually fails – as it must – Europe will be once again plunged into chaos. And the longer the Euro takes to fail, and the more repressive the institutions dedicated to preserving it become, the more disastrous its eventual failure will be.

We should wind this monstrosity up. Now. Before it destroys us all.

Eventually, just as the fall of the Berlin Wall triggered the collapse of the Iron Curtain and the dissolution of the Soviet Union, popular uprisings will bring down what Evans-Pritchard describes as the “monster” created by Brussels.


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